Media releases

2002

Reforms To Community Consultation Processes and Agency Accountabilities in Tax Design

I am today announcing changes designed to enhance consultation on tax issues, and a change in the accountability for tax legislation design.

Review Of International Tax Arrangements

I am announcing today details of a review of international tax arrangements with particular attention to be given to whether current international tax arrangements impede Australian companies

OECD Expects the Australian Economy to Continue to Strengthen

In its latest Economic Outlook, the OECD provides a very positive assessment of the Australian economy, with an outlook for strong economic growth, moderate inflation and falling unemployment

Consumer Price Index - March Quarter 2002

The All Groups Consumer Price Index (CPI) indicates that inflation in Australia remains in check.

Foreign Investment Review Board: Re-appointment of Mr John Phillips, AM

The Treasurer announced today the re-appointment of Mr John Phillips, AM as Chairman of the Foreign Investment Review Board (FIRB) for a further term five-year term.

Tax Deductibility Of Gifts To St Paul's Cathedral Restoration Fund

Today I am announcing the Government's decision to amend the income tax law to allow tax deductions for gifts to the value of $2 or more to the St Paul's Cathedral Restoration Fund.

IMF Says Solid Growth to Continue

In its latest World Economic Outlook, the IMF provides a positive assessment of the Australian economy's performance during the global slowdown.

No Objection Raised To Mitsui's Acquisition Of Remaining Interest In Moura Mine

I have decided to raise no objections under the Government's foreign investment policy to a proposal by Mitsui Moura Investment Pty Ltd or MMI No.

2002-2003 Budget - Media Lockup Arrangements

The Treasurer will deliver the 2002-2003 Budget at 7.30 pm AEST on Tuesday 14 May 2002.

Appointments to the Productivity Commission

The Treasurer announced today the appointment of two Commissioners to the Productivity Commission. Dr Neil Byron

Meeting Of The Ministerial Council For Commonwealth-State Financial Relations And Outcome Of Loan Council Meeting

Today's meeting of the Ministerial Council for Commonwealth-State Financial Relations noted that, on the basis of current estimates, States and Territories would receive:

Productivity Commission to Inquire into Post-2005 Automotive Industry Arrangements

Details of a Productivity Commission inquiry into post-2005 assistance arrangements for the automotive sector were announced today by the Treasurer and the Minister for Industry, Tourism and

McMullan - More Misrepresentation

Shadow Treasurer Bob McMullan is again misleading the public by saying it is the Treasurer who has responsibility for administering performance bonuses.

Introduction Of Baby Bonus Legislation

The Government has today introduced legislation to implement its election commitment to establish a First Child Tax Refund, or Baby Bonus.

Release of the Productivity Commission Report on Cost Recovery by Government Agencies

The Treasurer and Minister for Finance and Administration today announced the release of the Productivity Commission's final report on Cost Recovery by Government Agencies and also announced the Go

McMullan: More Misrepresentation

Mr McMullan's long heralded attack on the Government over currency swaps fell flat today. That is why he has issued a post Question Time press release making fresh misrepresentations.

National Accounts: December Quarter 2001

In the face of the major global economic slowdown the Australian economy grew by an exceptionally strong 1.3 per cent in the December quarter and by 4.1 per cent through the year to December 2

Joint Press Release: Federal Treasurer and New Zealand Minister of Finance

The Australian and New Zealand governments are consulting with taxpayers in both countries about possible changes to deal with concerns relating to the taxation of certain trans-Tasman invest

Debt Management

Commencing from 1988, under the then Labor Government, the Treasury instituted cross-currency swaps to create a US$ exposure in Government borrowings.

Bilateral Tax Talks Scheduled on UK-Aussie Tax Arrangements

Treasury and tax officials from Australia and the United Kingdom will meet in Canberra during March as part of the negotiation process to update the Double Taxation Agreement between the two